Life Insurance

How to choose the right life insurance policy for you and your family?

A life insurance policy is a contract with an insurance company. In exchange for premiums (payments), the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries in the event of the insured’s death. Typically, life insurance is chosen based on the needs and goals of the owner. Term life insurance generally provides protection for a set period of time, while permanent insurance, such as whole and universal life, provides lifetime coverage. There are many varieties of life insurance. I can help you choose the right life insurance policy that meets your goals and needs.

Term Life InsuranceEconomical premiums for higher coverage. Covers the contract holder until a specified age limit.
Whole Life InsuranceProvides for insurance coverage of the contract holder for his/her entire life.
Universal Life InsuranceGuaranteed minimum return and possible tax advantages.
Variable Universal Life InsurancePossible higher return by participating in equity markets, and possible tax advantages.
Equity Indexed Universal Life InsuranceGives contract holders the security of fixed universal life insurance with the growth potential linked to indexed returns because they typically contain a minimum guaranteed fixed interest rate component along with the indexed account option*.
*Earnings may be subject to a CAP and are not guaranteed.

Contact me for a free illustration and consultation.

*The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased. Before implementing a strategy involving life insurance, it would be prudent to make sure that you are insurable.